Indonesia

DANA, Ant International team up to launch digital sustainability initiative supported by Konservasi Indonesia for marine conservation

Indonesian e-wallet DANA and Chinese fintech firm Ant International, together with Indonesian national foundation Konservasi International, have on Friday unveiled the Ocean Buddy initiative, an interactive in-app mini program to raise awareness and drive long-term public participation in marine conservation among DANA's 200 million users in Indonesia.

Singapore’s Digital Edge secures $325M financing to continue expansion in Indonesia

Digital Edge (Singapore) Holdings Pte. Ltd., the Singapore-based data center platforms backed by global infrastructure investor Stonepeak, has announced the successful close of an IDR 5.5 trillion ($325 million) corporate facility from PT Bank Central Asia Tbk (BCA) for expansion in Indonesia.

Salesforce appoints new country leaders in Indonesia and Thailand to accelerate Agentforce growth

Salesforce, the global firm in artificial intelligence (AI) customer relationship management (CRM), is strengthening its regional leadership in ASEAN with the appointment of new country leaders for Thailand and Indonesia.

Indonesia suspends TikTok registration over data sharing failures, ministry says – report

Indonesia said it has suspended TikTok's registration status as an electronic system provider after it failed to hand over all data relating to the use of its live stream feature, though the social media app was still accessible to users on Friday.

Sriwijaya Capital, BlueFive Capital form strategic alliance to boost capital flow between Gulf and SEA

Sriwijaya Capital, an Indonesia-based private equity firm, has signed a memorandum of understanding (MoU) with Abu Dhabi-based BlueFive Capital, to form a strategic alliance aimed at strengthening capital flow between the Gulf and Southeast Asia.

Indonesia’s digital bank YUP raises $32M in C-1 round, bringing total equity funding to over $100M

Indonesia's digital bank Yup has recently secured $32 million in their latest equity funding through its C-1 round, backed by US investment firms including Moore Strategic Ventures, Spice Expeditions and Platanus.

INA, EDC ink $592M strategic partnership to expand Canada-Indonesia investment opportunities

Export Development Canada (EDC), Canada’s export credit agency, and the Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, have signed a CAD$825 million ($592 million) Market Leader Partnership memorandum of understanding (MOU) to strengthen bilateral investment ties and promote sustainable economic development between the two……

Telin selects Nokia to interconnect data centers across Singapore

Finnish telecommunications firm Nokia announced Thursday that Telekomunikasi Indonesia International (Telin) has selected Nokia’s optical transport solution to connect data centers in Singapore and enable the delivery of a highly available, reliable, and scalable island-wide network.

Alibaba Cloud plans to launch new data centers in eight countries

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Wednesday its latest strategic plans to launch data centers across eight countries including Malaysia.

Indosat, ITA, and Tsinghua University partner to establish AI Application Cooperation Center

Indosat Ooredoo Hutchison, the Indonesia Technology Alliance (ITA), and the Tsinghua University Wuxi Research Institute of Applied Technologies (Tsinghua University) have signed a memorandum of understanding (MoU) to establish AI Application Cooperation Center in Indonesia.